The UK Just Halved Its Crypto Capital Rules to Poach Firms From Europe
The FCA dropped its final crypto rulebook today — and deliberately set stablecoin capital requirements 50% lower than the EU's MiCA to win the post-Brexit race for crypto firms.
The FCA dropped its final crypto rulebook today — and deliberately set stablecoin capital requirements 50% lower than the EU's MiCA to win the post-Brexit race for crypto firms.
Starting July 1, Binance suspends trading, deposits, and new sign-ups for millions of EU users across 27 countries after failing to secure a MiCA license. The root cause: Changpeng Zhao's 2023 U.S. guilty plea.
Christine Lagarde allegedly pressured Greece to block Binance's MiCA application. The motive? Analysts say the ECB is protecting its digital euro from crypto's biggest exchange.
Greece's regulator is set to reject Binance's MiCA license application — and without an EU passport by July 1, the world's largest crypto exchange faces an existential shutdown across all 27 EU member states.